FUTURES TRADES ON CL (Crude Oil) FOR 09/05/2016 using the APEX ALCHEMY (2.0) AND SEES and VAD

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FUTURES TRADES ON CL (Crude Oil) FOR 09/05/2016 using the APEX ALCHEMY (2.0) AND SEES and VAD

TOTAL TICKS: +33 Ticks

NET PROFIT: $318.06 (1 Contract)

CL 2016-09-05.jpg1920Ă—910 687 KB
Trade Log 2016-09-05.jpg1920Ă—1080 243 KB

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Since it is the Labor Day Holiday and I was assuming that the Crude Oil Market would still move in the overnight hours, I decided to trade for a short time just to get my Daily Profit. Well , Crude Oil was moving so much during the overnight hours that I could have made much more, but I stuck to my Daily Profit Goal by scalping a few trades to forward test the NEW VAD indicator. ALL I CAN SAY IS THAT VAD iS INDEED A GAME CHANGER!

Trade #1 I entered late, but I still got my 11 ticks. I entered that because VAD had a Divergence (Divergence #1 from +44553 to +39018 on the VAD, however, on the chart price increased, therefore I was expecting a Bearish reversal).

Trade #2 another divergence except an opposite of Trade #1. VAD had a divergence from -6156 to -21830 (decrease), but price increased, therefore, I was expecting a Bullish reversal. Entered a BUY for a scalp of 11 ticks.

Trade #3 had VAD increasing in volume, therefore I entered a trade after a brief retrace for another scalp of 11 ticks

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Nice job Dom and excellent trade break down. Vad is indeed a game changer.

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Thank you Jeff!

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hello Dom you know that i always follow allmost all your trades !

1/is vad really change the game ?and give you more confidence in taking the decision to entyer or exit ?

2/you are scalping for only 11 ticks why you dont go for more just fillowing the alchemy rules ?

3/you also based your trade on deviation levels ?

4/you have the market profile and ice indicator is it not too mutch ?

thanks for your answer

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Shaft:

to answer our questions:

  1. In my opinion (after forward testing it on a Live Account), VAD is a game changer. VAD accurately signals a reversal by showing a divergence and it also helps me in not taking “head fake” trades. Otherwise known as bad trades.

  2. The reason I am only TPing at 11 ticks is because I am only trading 1 contract. I am showing a friend of mine that you can actually start trading with a small account on CL., however, you need to know how to trade CL. Once I double the account, I will go back to 2 contracts.

  3. I only use the deviation levels as a possible TP point. If price does bounce off a deviation level, then I would wait for a signal to enter the trade (as shown on Trade #2, where price bounced off the deviation level but I waited for a signal to enter the trade. In this trade I waited for the entry based on the Alchemy Rules.

  4. I use the ICE indicator to at least show me where price will mostly go.

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Great trades Dom! Way to go. On trade number 2 im a little confused though. There was actually more volume on that down move. It says negative volume because it’s a downward move. Take away the negative sign and you get the actual volume. So did you take it per alchemy rules? Just curious as if you were seeing something that I don’t because I’m trying to learn every way possible to use it.

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Jamell

Trade #2 the VAD value went from -6156 to -21830 (it decreased even more), while price increased. If the RED value decreased more, then Price should also decrease, but it did not…price increase from 44.08 to 45.10 creating a divergence.